RebateWager

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  • BLACKIE
    SBR Sharp
    • 09-25-09
    • 430

    #106
    Originally posted by magynuck
    Having been shown the door at Blackdog, I still cannot say anything bad about them. They treated me in a professional manner and were always pleasant and courteous. As opposed to the other newer credit shop which will remain nameless, the difference is like night and day. I never worried about getting paid from the Dog. It is definitely a rec shop though and while my wagers were relatively small I do miss playing there and the good people.
    I know who you are as I know most of my players. We make our money from major US sports and we just don't have the volume to get beet in soccer, tennis and other obscure sports. Those offering are an added value for a rec players we just could'nt sustain our model of profitabilty by taking that action from sharps.

    Hopefully as we grow and our volume grows in these sports we will be able to invite you back.
    Comment
    • magynuck
      SBR Wise Guy
      • 09-17-09
      • 891

      #107
      Not sure. I was losing at the start and my limit was increased a bit. I had a few good weeks at the end and that was it. Only point of contention for me was the suddenness... no warning or reduction of limits. I was not following steam. Again I would have no problem recommending this shop. In regards to the issues in this thread, how can you fault them for being reluctant to pay immediately with the"mixup" with the ID. The open leg of the parlay seems a bit silly though.
      Comment
      • HedgeHog
        SBR Posting Legend
        • 09-11-07
        • 10128

        #108
        I may be clueless,according to Blackie, but I can't see how a 50% rebate on losses would appeal to any bettor. Do people actually sign up with a Book and have the goal of getting half their money back--that is the definition of a loser IMO. Give me a Book that offers a front end bonus or, better yet, reduced juice. RW has a shitty business model and a very low opinion of its clientele. A loser Book which caters to losers.
        Comment
        • magynuck
          SBR Wise Guy
          • 09-17-09
          • 891

          #109
          Hedge Blackie's 90% estimate was low IMHO. You need only look at the content of some of the threads.My favourite one is the advice to people that freeplay is worth exactly half of cash. To that "90%" getting back money on losses looks great "just in case".
          Comment
          • HedgeHog
            SBR Posting Legend
            • 09-11-07
            • 10128

            #110
            Originally posted by magynuck
            Hedge Blackie's 90% estimate was low IMHO. You need only look at the content of some of the threads.My favourite one is the advice to people that freeplay is worth exactly half of cash. To that "90%" getting back money on losses looks great "just in case".
            I agree that a very small % will win in the long run (1%-2% ?)However, from a player's standpoint, I know you would do better with say MatchBook which has very low juice. You can stay in the game a lot longer with low juice Books, rather than full juice places that give back half your losses.

            From a Book's standpoint, RW would make much more money if it offered a front end bonus and eliminated the loss rebate. That's why I think their business model is flawed.
            Comment
            • durito
              SBR Posting Legend
              • 07-03-06
              • 13173

              #111
              Originally posted by BLACKIE
              The people people in this thread who are clueless are you and hedgehog. I have forgotten more about this business then you will ever know. I take more action on Sunday from single players on one NFL side then you will most likely wager this year.
              This really makes me want to post up with you. Let's see how much you think you know, my guess is it isn't much.
              Comment
              • RebateWager
                SBR High Roller
                • 10-30-08
                • 145

                #112
                Originally posted by HedgeHog
                I agree that a very small % will win in the long run (1%-2% ?)However, from a player's standpoint, I know you would do better with say MatchBook which has very low juice. You can stay in the game a lot longer with low juice Books, rather than full juice places that give back half your losses.

                From a Book's standpoint, RW would make much more money if it offered a front end bonus and eliminated the loss rebate. That's why I think their business model is flawed.
                We actaully do offer up front money. We give all our players up to 25% in Free Play when they redeposit after losing their rebate.

                So that's up to 25% free play upfront and a 25% rebate on the back end if you lose.
                Comment
                • magynuck
                  SBR Wise Guy
                  • 09-17-09
                  • 891

                  #113
                  You are not thinking like the average bettor. "But honey, if I lose they even give me money back." Also, this differentiates them from most others offering the front end bonus. Many cannot even figure out how to use an exchange. If people understood the advantage of low vig, why will most when given a choice choose the front end bonus?
                  Comment
                  • HedgeHog
                    SBR Posting Legend
                    • 09-11-07
                    • 10128

                    #114
                    Originally posted by RebateWager
                    We actaully do offer up front money. We give all our players up to 25% in Free Play when they redeposit after losing their rebate.

                    So that's up to 25% free play upfront and a 25% rebate on the back end if you lose.
                    I'm sure there are all kind of rules and limitations on this bonus as well like a 10x RO and FP to be used on straight bets only at -110.
                    Comment
                    • HedgeHog
                      SBR Posting Legend
                      • 09-11-07
                      • 10128

                      #115
                      Originally posted by magynuck
                      You are not thinking like the average bettor. "But honey, if I lose they even give me money back." Also, this differentiates them from most others offering the front end bonus. Many cannot even figure out how to use an exchange. If people understood the advantage of low vig, why will most when given a choice choose the front end bonus?


                      I can't get by with MatchBook alone. I need other Books which offer teasers, Pars, Props etc... The more outs I have, the better my chances of being in the small group of bettors that can generate a profit consistently.
                      Comment
                      • RebateWager
                        SBR High Roller
                        • 10-30-08
                        • 145

                        #116
                        Originally posted by durito
                        This really makes me want to post up with you. Let's see how much you think you know, my guess is it isn't much.
                        Originally posted by HedgeHog
                        I'm sure there are all kind of rules and limitations on this bonus as well like a 10x RO and FP to be used on straight bets only at -110.
                        Actually not. Industry standard.

                        Reload Bonuses

                        Get up to 25% in Free Play when you reload after losing your rebate.

                        For Reload Bonus, Player must redeposit within 10 days of losing his/her rebate.

                        For Players receiving a 25% rebate the maximum Free Play Bonus is 25% of the deposit amount.

                        For Players receiving a 35% rebate the maximum Free Play Bonus is 15% of the deposit amount.

                        For Players receiving a 45% rebate the maximum Free Play Bonus is 5% of the deposit amount.

                        Players receiving a 50% rebate are not eligible for the Free Play Bonus.

                        Max Free Play is $500.00. Requires a four time rollover and a two week hold.

                        Free play bonus is limited to Straight Wagers, 2 Team Parlays and 2 Team Teasers only. Moneyline wagers are limited to +200. No Futures or Prop bets.
                        Comment
                        • magynuck
                          SBR Wise Guy
                          • 09-17-09
                          • 891

                          #117
                          So Blackie why don't you invite me back and say until further notice no tennis,soccer, or any other obscure( NFL? ) sports?
                          Comment
                          • magynuck
                            SBR Wise Guy
                            • 09-17-09
                            • 891

                            #118
                            I am just working hard to break even Hedge.
                            Comment
                            • HedgeHog
                              SBR Posting Legend
                              • 09-11-07
                              • 10128

                              #119
                              Originally posted by magynuck
                              I am just working hard to break even Hedge.
                              I hear ya!
                              Comment
                              • RebateWager
                                SBR High Roller
                                • 10-30-08
                                • 145

                                #120
                                Originally posted by magynuck
                                So Blackie why don't you invite me back and say until further notice no tennis,soccer, or any other obscure( NFL? ) sports?
                                In the past we have made this exception. Major US sports sides and totals only. Will confirm with Blackie this afternoon.
                                Comment
                                • Johnpoints
                                  SBR Sharp
                                  • 10-20-09
                                  • 314

                                  #121
                                  Haha guys like Blackie remind me of old vegas. I love it!
                                  Comment
                                  • RickySteve
                                    Restricted User
                                    • 01-31-06
                                    • 3415

                                    #122
                                    So let me get this straight...a Rebatewager player calls up this Sunday and parlays Alabama with TCU and one open spot. This wager would be graded a loss the next day, even though both of these games are three weeks away?
                                    Comment
                                    • HedgeHog
                                      SBR Posting Legend
                                      • 09-11-07
                                      • 10128

                                      #123
                                      Originally posted by RickySteve
                                      So let me get this straight...a Rebatewager player calls up this Sunday and parlays Alabama with TCU and one open spot. This wager would be graded a loss the next day, even though both of these games are three weeks away?
                                      I asked a similar question and never got an answer. If Sunday ends their calendar week, then it appears all opens lose on Monday. Lame rule to say the least.
                                      Comment
                                      • RebateWager
                                        SBR High Roller
                                        • 10-30-08
                                        • 145

                                        #124
                                        Originally posted by HedgeHog
                                        I asked a similar question and never got an answer. If Sunday ends their calendar week, then it appears all opens lose on Monday. Lame rule to say the least.
                                        It's your opinion of the rule. If you don't like the rule don't make the wager.

                                        As for Ricky Steves question we have made a decision to discontnue open parlays and teasers as it is not worth dealing with those player's that choose to disregard the rules that they are aware of and agree to.
                                        Comment
                                        • big joe 1212
                                          SBR Posting Legend
                                          • 06-01-08
                                          • 19380

                                          #125
                                          Originally posted by HedgeHog
                                          I asked a similar question and never got an answer. If Sunday ends their calendar week, then it appears all opens lose on Monday. Lame rule to say the least.
                                          You just have to choose a team by the week ending. The game does not have to be finished or played yet I believe.
                                          Comment
                                          • HedgeHog
                                            SBR Posting Legend
                                            • 09-11-07
                                            • 10128

                                            #126
                                            Originally posted by RebateWager
                                            It's your opinion of the rule. If you don't like the rule don't make the wager.

                                            As for Ricky Steves question we have made a decision to discontnue open parlays and teasers as it is not worth dealing with those player's that choose to disregard the rules that they are aware of and agree to.
                                            Good call, although it will hurt your profitabilty if you can no longer steal open money.
                                            Comment
                                            • vitalyo
                                              SBR MVP
                                              • 12-05-07
                                              • 1615

                                              #127
                                              Originally posted by pokernut9999
                                              It sucks that you are a piece of crap

                                              You start a thread with lies and keep it up the whole time.

                                              Half these idiots back you up about the phone number but you lied about your name.
                                              Half these idiots back you up . So true
                                              Originally posted by pokernut9999
                                              There is not a single offshore book that would have paid this guy.

                                              He used all fake info which violates every sportsbooks rules.

                                              Yet some of you guys come in here and support the guy

                                              Rules are rules yet all you stupid ****s that can not read do not have a clue.

                                              For all of this shit that REBATEWAGER has gone trough with this guy !
                                              Look they even paid him .It's like winning a lottery .
                                              They deserve to be upgraded to B+ A-. No kidding . I am not kidding -
                                              Rebatewager wasn't even forced to pay him .
                                              They left it up to SBR guys to decided what is right or wrong . Should they pay him or not .


                                              I am not bushing SBR .
                                              SBR helped a lots of players to get their money .

                                              I still think we didn't get the whole story . From the book nor the player.

                                              Rebatewager representative didn't help at all . Got too emotional to defend the book .Instead of concentrating on the topic .Got cared away with irrelevantissues .
                                              Player used an idiots and the guys that are willing to jump on any book if they see" look they don't pay" .

                                              Rebatewager is the winner here . Paid $1600 to some "shmack " .
                                              And gained a reputation that they pay everyone that wins ( prog parleys ) Read the rules first .
                                              Pick the team > if you win, you'll get paid .
                                              GL
                                              Comment
                                              • SBR Lou
                                                BARRELED IN @ SBR!
                                                • 08-02-07
                                                • 37863

                                                #128
                                                Originally posted by Jrod124
                                                Just picked up the money, but I got shown the door at Rebate Wager which sucks. I really enjoyed playing there. So RW
                                                I'm glad to hear you were paid.

                                                One point I hope was reinforced from reading this thread is that there are rules at every sportsbook. A player should know when signing up at a sportsbook not to provide false information. I hope that most players recognize this without having to consult a sportsbooks rules page.

                                                Mostly all of our contests require nothing but a valid account number. However, after a player enters picks and earns a prize he is still bound by the terms & conditions of the sponsoring sportsbook. Cases where fake information is provided will be handled at the sportsbooks discretion.
                                                Comment
                                                • pokernut9999
                                                  SBR Posting Legend
                                                  • 07-25-07
                                                  • 12757

                                                  #129
                                                  It still amazes me how people bash Rebatewager because of the rebates

                                                  All you guys forget about their debit card , free and fast payouts

                                                  Did you ever think people may play there for that not the rebates ?

                                                  Their customer service is top notch and blows away most other books.

                                                  I always laugh my head off at all the threads when Matchbook goes down and all you sharps start screaming about how do I know if my bets were matched ?

                                                  Rules are rules and people should read them, if a book has a rule on teasers you abide by them or do not use them. It is not a hidden rule so why blame the book ?

                                                  Blame the idiot that keeps breaking the rules.

                                                  Oddsmaker.com when they had their freeplays they gave away they had a rule about no parlays yet almost every idiot did it anyway then cried when all thier winnings were voided. It was spelled out in the rules but always broken.


                                                  Rebatewager said they they are a rec book so why are you bashing them for being a rec book.


                                                  I guess our government steals too Because every time I broke the law and got caught speeding I had to pay a fine.
                                                  Comment
                                                  • Richkas
                                                    SBR Posting Legend
                                                    • 02-03-08
                                                    • 19396

                                                    #130
                                                    You've got to read the rules boys.


                                                    RW is allright in my book.
                                                    Comment
                                                    • michael777
                                                      SBR MVP
                                                      • 09-20-05
                                                      • 1936

                                                      #131
                                                      Originally posted by Richkas
                                                      You've got to read the rules boys.


                                                      RW is allright in my book.
                                                      richkas $$$$$$$$$$$$$$$$$$LOCK$$$$$$$$$$$$$$$$$
                                                      Comment
                                                      • Richkas
                                                        SBR Posting Legend
                                                        • 02-03-08
                                                        • 19396

                                                        #132
                                                        Originally posted by michael777
                                                        richkas $$$$$$$$$$$$$$$$$$LOCK$$$$$$$$$$$$$$$$$


                                                        Hi there
                                                        Comment
                                                        • magynuck
                                                          SBR Wise Guy
                                                          • 09-17-09
                                                          • 891

                                                          #133
                                                          So Rebate/Blackie what is the news on my invite back for US sports?
                                                          Comment
                                                          • pokernut9999
                                                            SBR Posting Legend
                                                            • 07-25-07
                                                            • 12757

                                                            #134
                                                            Waiting on BigDaddy to post up
                                                            Comment
                                                            • BLACKIE
                                                              SBR Sharp
                                                              • 09-25-09
                                                              • 430

                                                              #135
                                                              Originally posted by magynuck
                                                              So Rebate/Blackie what is the news on my invite back for US sports?
                                                              Just got off the phone with David. He will get you set up.
                                                              Comment
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